POST PROPERTIES INC 4
4 · POST PROPERTIES INC · Filed Feb 5, 2015
Insider Transaction Report
Form 4
COHEN SHERRY W
EVP and Secretary
Transactions
- Award
Stock Options (right to buy)
2015-02-03+3,080→ 3,080 totalExercise: $60.40From: 2016-02-03Exp: 2025-02-03→ Common Stock (3,080 underlying) - Award
Common Stock
2015-02-03+8,941→ 18,941 total
Footnotes (3)
- [F1]Restricted stock awarded under the company's Amended and Restated Post Properties, Inc. 2003 Incentive Stock Plan. Restricted stock vests one-third each year over a three year period beginning on 12/31/2015.
- [F2]The balance includes 14,493 restricted shares that have not vested.
- [F3]Option vests one-third each year over a three year period beginning 02/03/2016. As the option vests the Reporting Person may elect to treat the vested portion as a stock appreciation right and receive the value between the exercise price and the current market price in shares of common stock equal to the spread at the time of the exercise.